Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
April 15th, 2019
Benefits & Administration
Communicating the Difference Between FSAs and HSAs to Participants
Employers need to understand the basics of each in order to communicate to participants accurately, and they can use the differences to help employees view HSAs as long-term savings accounts, Sara Caddy, with Dimensional Fund Advisers told webinar attendees. Read more >
Products, Deals and People
Lively HSA Goes Mobile
Lively Inc., a provider of health savings accounts (HSAs), announced the release of an iOS mobile device application, designed to bring the capabilities of a Lively HSA to consumers’ smartphones. Read more >
Retirement Industry People Moves
Wilshire Phoenix names new partner for new division; Drinker Biddle & Reath hires new ERISA attorneys; and more. Read more >
MOST READ ARTICLES
1
Employer-Provided Student Loan Repayment Programs Have Pros and Cons
2
‘Modern Tontine Theorists’ Have Ideas for Retirement Savings Decumulation
3
Gen X Struggling Most With Retirement Readiness and Confidence
4
Retirement Plan Sponsors' Interest in Retirement Income Is on the Rise
5
(b)lines Ask the Experts – Employer Contribution Calculation When Moving from Union to Non-Union 403(b)
Economic Events

THE ECONOMIC WEEK AHEAD: Wednesday, the Census Bureau will report about wholesale trade for February. Thursday, the Labor Department will issue its initial claims report, and the Census Bureau will report about retail sales for March and business trade for February. Friday, the Census Bureau will report about housing starts for March.

Market Mirror

Friday, the Dow climbed 269.25 points (1.03%) to 26,412.30, the NASDAQ increased 36.81 points (0.46%) to 7,984.16, and the S&P 500 gained 19.09 points (0.66%) to finish at 2,907.41. The Russell 2000 was up 5.66 points (0.36%) at 1,584.80, and the Wilshire 5000 closed 193.93 points (0.65%) higher at 30,059.94.

 

The price of the 10-year Treasury note decreased 19/32, bringing its yield up to 2.568%. The price of the 30-year Treasury bond fell 32/32, increasing its yield to 2.976%.

 

WEEK’S WORTH: For the week ending April 12, the Dow was down 0.05%, the NASDAQ finished 0.57% higher, and the S&P 500 increased 0.51%. The Russell 2000 was up 0.14%, and the Wilshire 5000 gained 0.58%.

Compliance
ESG, Proxy Voting Trends Unlikely to Shift on Executive Order
The ultimate impact of President Trump’s new executive order is likely to be more symbolic than substantive when it comes to the real-world activities of retirement plan fiduciaries and investment managers. Read more >
Investing
Despite Market Rebound, Investors Flocked to Fixed Income in Q119
Even as stock markets rebounded in the first quarter, 401(k) investors moved from equities to fixed-income funds, according to the Alight Solutions 401(k) Index. Investors favored fixed income on nearly 90% of the trading days. Read more >
Small Talk

ON THIS DATE: In 1817, the first American school for the deaf was opened in Hartford, Connecticut. In 1865, President Abraham Lincoln died from injuries inflicted by John Wilkes Booth. In 1892, the General Electric Company was organized. In 1912, the ocean liner Titanic sank in the North Atlantic after hitting an iceberg the evening before. In 1923, insulin became generally available for people suffering with diabetes. In 1947, Jackie Robinson played his first major league baseball game for the Brooklyn Dodgers. Previously he had only appeared in exhibition games. In 1956, the worlds’ first, all-color TV station was dedicated. It was WNBQ-TV in Chicago and is now WMAQ-TV. In 1994, the World Trade Organization was established. In 1997, Christopher Reve received a star on the Hollywood Walk of Fame.

 

 

NOTE: Thursday’s ON THIS DATE incorrectly reported that construction of the Empire State Building ended in 1901. The construction ended in 1931.

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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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